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The Bank-FinTech Tie-Up Streamlines Access To Finance, Data

PYMNTS

As banks look to streamline access to finance or make it easier to safely share financial information with apps, Barclays Business Banking and Wells Fargo are joining forces with FinTechs on digital initiatives. Ebury, which was started in 2009 and has offices in more than 20 nations, becomes a part of Nexi Open with the deal.

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Uncoventional Ventures’ Lau: Diversity is more than a buzzword in fintech

Bank Innovation

According to recent research, there have been two quarters since 2009 where the proportion of venture dollars going to female founders exceeded 17%. The startup and venture capital ecosystem may profess to be colorblind, but a look at where funding dollars are going presents a different picture.

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JPMorgan Takes On Square And PayPal At The Point Of Sale

PYMNTS

Morgan Chase wants in on small- and mid-sized (SMB) payments and is banking on no-fee QuickAccept to edge out FinTech rivals Square and PayPal, according to a Wednesday (Oct. The banking giant’s FinTech solution will be introduced with an associated business checking account. . 21) CNBC report. Square, for example, charges a 1.5%

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Launch of Zelle Is Proof That FinTech Firms Have the Power to Sway Big Banks

Let's Talk Payments

Since its founding in 2009, Venmo has established itself as one of the premier peer-to-peer money transfer services and one of the most prominent names in FinTech. From its humble.

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Social KYC: far easier than passports and utility bills

Chris Skinner

I just received a white paper about Social KYC from Fintech startup Veridu. It’s an interesting idea I thought I’d share here but, before I do, I posted a note on the blog in 2009 that … The post Social KYC: far easier than passports and utility bills appeared first on Chris Skinner's blog.

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FDIC Approves Square For Banking License

PYMNTS

The Federal Deposit Insurance Corporation ( FDIC ) gave the green light to an application from the FinTech firm Square to create a de novo industrial bank in Utah, the agency said on Wednesday (March 18). The Utah Department of Financial Institutions still has to issues approvals to the San Francisco-based FinTech. Square, Inc.

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Inside Look: Kabbage automates small business lending

BankInovation

Automated lending fintech Kabbage is no stranger to disruption. Founded in 2009 in the wake of the Great Recession, the fintech’s lending solutions were one of the first to leverage automation and dynamic data analysis to improve efficiency in small business lending.

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